Mortgage Rates Will Go Up This Year. Here’s What You Need to Know Now.

We are pretty sure that interest rates are going to rise this year, possibly four times between now and December landing at 5-5.5%. To put that in perspective, a 1% […]

March 20, 2018 // Tracy Shaffer // No Comments //

We are pretty sure that interest rates are going to rise this year, possibly four times between now and December landing at 5-5.5%. To put that in perspective, a 1% rise in your rate equals a 10% decrease in the amount of home you can afford to buy. With home prices climbing, this is a great moment for you to jump into home ownership! In the past few years, my clients have been building wonderful equity, wouldn’t you like to?